TOYO <5105>: ¥2465.5 (+¥282.5).

Marked increase. The company announced its third-quarter results the previous day, with an operating profit of 28.7 billion yen for the July-September period, a 21.2% increase from the same period last year, significantly exceeding market expectations by about 10 billion yen. As a result, the full-year forecast has been revised upward from the previous 81 billion yen to 86 billion yen, an 11.8% increase from the previous year. The annual dividends are also raised from 105 yen to 110 yen. The full-year forecast is at a level similar to the consensus, but the plan for the fourth quarter gives a conservative impression. It seems that the deteriorating USA market in the second quarter is once again heading towards recovery.

Life Drink C <2585>: ¥2347 (+¥400).

Trading at upper limit. The company announced the first-half financial results the previous day, with operating profit reaching ¥3.06 billion, a 5.2% increase compared to the same period last year, slightly exceeding market expectations. On the other hand, the full-year estimate of ¥5.8 billion, a 22.0% increase from the previous year, remains unchanged. Although there is little surprise in the financial report, the announcement of capacity expansion measures has become a catalyst for positive expectations. It seems that the company will acquire a factory owned by Mount Fuji's natural water Lake Motosu, which will lead to approximately a 7% capacity increase when fully operational. Additionally, they have announced additional investments in existing subsidiaries' factories.

Sunwells <9229>: ¥972, Auction.

Trading at lower limit. The company submitted an application for approval of an extension to the deadline for submitting the semi-annual report. Following allegations of fraudulent medical fee claims, a special investigation committee has been set up to conduct an investigation. It is expected that the investigation will not be completed by the deadline. While consideration for the extension was communicated, it seems that the uncertainty about the future has intensified. Furthermore, the previously planned interim dividend of ¥9 has been canceled, and the year-end dividend remains undecided.

Frontier M <7038>: ¥826, Auction.

Trading at lower limit. The company announced third-quarter financial results the previous day, with a cumulative operating profit of ¥0.09 billion, a significant 89.2% decrease compared to the same period last year, leading to a downward revision in the full-year forecast from the previous profit of ¥1.62 billion to a loss of ¥0.95 billion. The M&A advisory business is significantly below the initial plan, and the restructuring support business is expected to experience a decrease in revenue due to the completion of large projects. While the undershoot was expected, the magnitude of the revision is having a negative impact in advance.

Vision <9416>: 1363 yen, buy side -

Stop-limit buy indication. The company announced its third-quarter results the day before, with cumulative operating profit reaching 4.32 billion yen, a 16.1% increase from the same period last year, slightly expanding the profit growth rate from the 12.1% increase in the first half of the year. In addition, the company has announced some changes to the shareholder benefit program. Instead of discontinuing the issuance of gift vouchers for a 3-piece set of the skincare series "KO SHI KA | こしか", the company will now provide a QUO card worth 15,000 yen to shareholders owning 300 shares or more. The prevailing view is that the dividend yield appeal has increased.

Ai Robotics <247A>: 2601 yen (-225 yen)

Decline. For the second quarter of the fiscal year ending in March 2025, the company's revenue increased by 89.7% compared to the same period last year, reaching 6.335 billion yen. Operating profit also saw a positive trend, increasing by 52.2% to 1.161 billion yen. The company expanded its brand lineup by launching "生VC White Clear Foam" and "Whitening Hand Serum" under its main brand "Yunth". Sales of the brand "生VC Whitening Serum" and the beauty device brand "Brighte" have also been strong. However, despite the recent steady rise in the stock price, including hitting a new high for the year on the 13th, there has been selling pressure following the rumor of VC selling.

Smart Drive <5137>: 1759 yen (+67 yen)

Continued rise. After the close of trading on the 13th, the company announced its performance for the fiscal year ending in September 2024, which is being viewed positively. The revenue was 2.173 billion yen (a 27.2% increase from the same period last year), and the operating profit was 0.171 billion yen (compared to an operating loss of 0.026 billion yen in the same period last year), turning into an operating profit. Recurring revenue reached 0.34 billion yen (a 32% increase from the same period last year), the highest ever. The recurring revenue ratio also remained stable at 59% (compared to 58% in the same period last year). Additionally, the company is expecting a full year revenue of 3.079 billion yen for the fiscal year ending in September 2025, with an operating profit of 0.301 billion yen (a 72% increase).

IQubeD <4495>: 1364 yen (+16 yen)

Continued rise. The company announced its performance for the first quarter of the fiscal year ending in June 2025, with revenue of 0.903 billion yen (a 29.7% increase from the same period last year), operating profit of 0.211 billion yen (a 54.1% increase), and ordinary profit of 0.212 billion yen (a 54.8% increase), all showing positive trends. The increase in revenue was driven by the acquisition of new customers through OEM supply in the CLOMO business, as well as revenue generated from the sale of operating investment securities in the investment business. Although product releases in the CLOMO business decreased and depreciation costs also decreased, the increase in revenue costs from the investment business led to an overall increase compared to the same period last year.